Have you heard about a new business model in the crypto industry called Move-to-Earn (M2E)? It's about tokenization of various forms of physical activity. According to the idea, this model should provoke more people to an active lifestyle, which will be encouraged by the tokens of the corresponding blockchain application.
At the moment, the most famous project is STEPN and their token STEPN (GMT), which has already raised almost $2 million in capitalization.
What do you think, what is the future of this business model and will there be a hype for such tokens?
I’m usually a fan of that since I used to walk everyday trying to achieve 10,000 steps daily. Genopets was the first M2E that I have heard before the STEPN. There’s also a game called SafeHamsters where it uses augmented reality (AR) for me to hunt hamsters and fight them lol.
Also there’s what we call TaroVerse. You might wanna Google that one. It’s a top tier project in my opinion. They have recently launched a video clip of their first M2E game known as Tarogotchi (reminds me of Tamagotchi). Not only we can enjoy the game, but it benefits our body to move around rather than just spending most of our time sitting and playing.